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. , , � <br /> LEGAL DEPARTMENT MEMORANDUM <br /> No. 2004-11 <br /> September 15, 2004 <br /> TO: The Honorable Mayor and City Council Members <br /> FROM: Steve G , City Manager <br /> Wendy L hland, Corporation Counsel <br /> RE: Escrow Agreement -- Cardwell Crossing -- Sidewalk Construction <br /> SUMMARY RECOMMENDATION: Staff recommends approval. <br /> BACKGROUND: The attached Escrow Agreement provides that the funds needed to <br /> complete the sidewalk construction on the proposed waterpark property will be <br /> escrowed and drawn by the developer as the property is developed and the sidewalks <br /> constructed. <br /> POTENTIAL OBJECTIONS: None <br /> INPUT FROM OTHER SOURCES: None <br />� <br /> STAFF REFERENCE: Wendy L. Morthland, Corporation Counsel, 424-2807 <br /> Dane Bragg, Assistant City Manager of Economic & Urban <br /> Development, 424-2727 <br /> BUDGET/TIME IMPLICATIONS: None <br /> WLM:ps <br /> cc: Steven G. Jones <br /> Amy Waks <br />